Enables folic acid binding activity. Predicted to be involved in several processes, including circulatory system development; regulation of signal transduction; and single fertilization. Predicted to act upstream of or within folic acid metabolic process. Located in brush border membrane. Is anchored component of plasma membrane. Human ortholog(s) of this gene implicated in cerebral folate receptor alpha deficiency. Orthologous to human FOLR1 (folate receptor alpha). [provided by Alliance of Genome Resources, Apr 2022]